Nigeria stock market on Thursday witnessed another session of positive close, rising by 1.07percent or N253billion. Thanks to Dangote Cement Plc which led the gainers league which includes MRS.
Dangote Cement moved up from preceding day low of N221.30 to N238.50, up by N17.20 or 7.77 percent, followed by MRS which increased from
N11.70 to N12.85 up by N1.15 or 9.83percent.
The Nigerian Exchange Limited (NGX) benchmark performance indicator – the All-Share Index (ASI) and equities market capitalisation – increased from preceding day’s lows of 43,477.48 points and N23.681trillion respectively to 43,942.82 points and N23.934trillion.
Read also: Dangote Cement, Guinness top laggards league as market sheds N440bn
The record positive on Thursday also helped push higher equities market’s positive return year-to-date (YtD) to 2.87percent.
In 3,188 deals, investors exchanged 405,004,749 valued at N3.096billion. Sterling Bank, Access Corporation, Transcorp, GTCO and Zenith Bank were top-5 traded stocks on the Nigerian Exchange Limited (NGX).
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Iheanyi Nwachukwu
Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos.
Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).
Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.
